Trump Reveals Significant Trade Agreement with Indonesia
TL/DR –
The U.S. and Indonesia have reached a “great deal” on trade, as announced by President Trump. This follows Indonesia’s claim of an ‘extraordinary struggle’ to secure the deal. As part of the agreement, Indonesia will face a 19% tariff and purchase 50 Boeing Jets.
US-Indonesia Trade Deal Announcement
President Trump revealed a ‘Great Deal’ on trade with Indonesia.
Indonesia’s Struggle in the Trade Deal
Indonesia admitted the ‘extraordinary struggle’ in attaining trade deal with US.
US-Indonesia Reach Tariff Agreement
US and Indonesia concluded a tariff deal.
Asia-Pacific Markets Reaction to Trade Deal
Asia-Pacific markets mostly decline post U.S.-Indonesia trade agreement.
Indonesia Tariff and Boeing Jets Agreement
Trump states Indonesia to incur 19% tariff and to purchase 50 Boeing Jets.
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